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If bagels and doughnuts are substitute goods, then which of the following is likely to occur if the price of bagels is reduced?

The demand curve for bagels will shift to the left.

There will be a leftward movement along the bagel demand curve.

The demand curve for doughnuts will shift to the right.

The demand curve for doughnuts will shift to the left.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91366955

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